Massachusetts Baptist Multicultural Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 223,385 | 188,180 | 35,205 | 3.0 | 29% |
| 2013 | 252,735 | 185,201 | 67,534 | 18.9 | 33% |
| 2014 | 42,537 | 227,273 | −184,736 | 5.7 | 26% |
| 2015 | 273,618 | 235,586 | 38,032 | 7.4 | 31% |
| 2016 | 287,773 | 266,166 | 21,607 | 7.5 | 28% |
| 2017 | 328,198 | 293,579 | 34,619 | 8.2 | 25% |
| 2018 | 308,095 | 320,657 | −12,562 | 7.1 | 20% |
| 2019 | 306,166 | 305,699 | 467 | 7.4 | 24% |
| 2020 | 312,581 | 289,858 | 22,723 | 8.8 | 24% |
| 2021 | 1,363,704 | 275,528 | 1,088,176 | 56.6 | 29% |
| 2022 | 356,846 | 452,030 | −95,184 | 32.0 | 42% |
| 2023 | 321,537 | 548,259 | −226,722 | 21.4 | 39% |
In its most recent public year (2023), this organization spent $226,722 more than it brought in. Its reserves stood at about 21.4 months of spending, up from 3 in 2012. Staff pay was 39% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Massachusetts Baptist Multicultural Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works